Question

Find the intreast on rupees 500 for a period of 4 year at the rate of 8% .Also find out amount to be paid at end.
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Answer 1

Answer:

principal=500

Rate= 8%8/100

time= 4 years

p×t×r/100

500 ×8 ×4/100

160 is simple interest

amount=principal+simple interest

160+500= 660 is the amount

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